Maxcom prospectus approved

Financial Supervision Authority (KNF), approved the IPO prospectus of phone manufacturer and distributor Maxcom. The company will now proceed to work on its floating. Maxcom specializes in traditional phones targeted to older and less tech-savvy customers. It also sells fixed-line phones, GPS systems and shortwave transmitters. Its products are sold in 20 European countries. This is not company's first attempt to be listed on the Warsaw Stock Exchange. Back in 2012, Maxcom planned to be listed on the small cap, alternative NewConnect market.